EBAN May Newsletter
May 2015
Newsletter 5

EBAN 2015 Angel Summit - Re-live it now!

This past 06-08 May more than 250 angel investors, policy makers, accelerators, incubators, crowd funders, stock exchanges, venture capitalists, etc. came from all over the world to the High-Tech Campus in Eindhoven, the Netherlands, for three days of helping create, finance and build Global Success Stories.

We would like to thank all those who came and for those who were unable to come, 
you can discover the presentations, pictures and videos of the entire three days here.

There were so many highlights, it is impossible to mention them all here.

Was it the fact that we had 7 Stock Exchanges from Turkey, Slovenia, Poland, Romania, Euronext, the LSE, and the USA all represented in an incredible panel of how Angel Investors can work together with Stock Exchanges to inspire private investors throughout the world to invest in the next generation.

Was it the concerted effort between Angel Investors and Crowd funding Platforms to fund innovation, or the rising presence of Corporate Venture Capitalists in Europe - something I always call the Missing Link.

We were thrilled to welcome our new sister organizations, MBAN and ABAN as our American partners from ACANew York Angels, Professional Crowdfunding Association, Global Accelerator Network and Global Business Angel Network.

During EBAN 2015 we signed three major initiatives with our American Colleagues. The first was with the Global Accelerator Network, where EBAN, MBAN and ABAN will be collaborating on accelerating and investments. The second was with Start-Up Angels where we will be cooperating with them on their first European Angel Start-Up Summit in Madrid 22 - 23 June. The third cooperation is with Rising Tide Fund of the USA - a Fund of 99 Women Investors, an initiative started by the Kauffmann Foundation. EBAN is partnering with them to now create Rising Tide Europe Fund and we are most excited about this.

EBAN 2015 was all about extending horizons and we were honoured to welcome the President of the European Research Council, Jean-Pierre Bourgignon who shared with us where we should be investing in the years to come, as well as Frank Salzgeber from the European Space Agency, who not only brought us to the next horizon but to the next universe. Both institutions brought great entrepreneurs to train and pitch together with our first ever e-Xcelerator Demo Day and Horizon 2020 projects day.

But, EBAN 2015 was also about great panels of speakers - be it that on Co-Investment, Impact Investing, Tax Incentives, or about Horizon 2020 itself and regional initiatives like the Estonian e-Residency.  

And of course, we were all blown away by the young (and young at heart) entrepreneurs who kept us on their toes throughout the three days with challenges, questions, and elevator pitches.

Our Gala Awards celebrated not only those entrepreneurs but also the angel investors behind them who work tirelessly to improve the venture and entrepreneurial finance eco-system the world over. 

We had the best partners in the world for venture and entrepreneurial finance, be it GUST, Ramosthos, High -Tech Campus, European Space Agency, European Research Council plus the European Commission and Horizon 2020.

At the end of the day, though EBAN 2015 was about people. People networking, people getting to know each other, people exchanging best practices, people sharing war stories on investments, private sector people speaking with public sector people, young entrepreneurs speaking with serial angel investors, vc's crowd funders, scientific people speaking with business people, people laughing, people investing.  It was great and we would truly like to thank all who came and who participated so magnificently.  Please enjoy the virtual EBAN 2015 here 

With kindest regards and already looking forward to EBAN 2015 Winter Universitiy with the Creative Business Cup 16 - 18 November in Copenhagen,

Candace Johnson
EBAN President
 


EBAN present at the Launch of the Estonian e-Residency Program 

e-Residency offers to every world citizen a government-issued digital identity and the opportunity to run a trusted company online, unleashing the world’s entrepreneurial potential.

This May 14th at the Latitude59 conference in Tallinn, Estonia officially launched its e-Residency application portal enabling anyone in the world to participate in the public beta of the revolutionary digital identity program. EBAN, represented by its President Candace Johnson and Board Member and EstBAN President Ivar Siimar, were present at the launch of this ground breaking innovation.

The Republic of Estonia is the first country to offer e-Residency, a transnational digital identity available to anyone interested in establishing and administering a location-independent business online. Estonian e-Residents can register a company online, perform e-banking transactions, access international payment service providers, declare taxes online, manage a company remotely, and digitally sign documents and contracts.

“We created e-Residency to grow the digital economy, attract new investment, and connect with new businesses. e-Residency provides enormous advantages in convenience and flexibility for anyone who has an existing business or other connection to Estonia. But it also provides anyone, not just those connected to Estonia, with the tools and systems to own and operate their own business. In creating this program, Estonia hopes to unleash the world-s entrepreneurial potential,” said Kaspar Korjus, e-Residency program director.

EBAN is working closely with EstBAN to replicate the e-Residency model at a European level by creating the “E-Zone”, a single market for entrepreneurs, innovators and investors that can overcome the fragmentation of legal and fiscal regimes of the various EU member states.
 
For more information on the program and on how to register for e-Residency, visit the Estonian Ministry of Economic affairs website here. 
To read more about the E-Zone, click here.

EBAN's Contribution to the European Commission’s Consultation on the Green Paper “Building a Capital Market Union”

EBAN contributed to and co-signed the joint declaration on the Capital Market Union, “Bridging the Financial Gap for European SMEs” written by several European organizations representing investors, entrepreneurs, innovators and intermediary organizations.

In addition, EBAN wrote a response to complement this joint declaration. In particular, it focuses on Business angels, early stage investors and exit mechanisms for growth companies and on creating a responsible and dynamic equity market.

[Read EBAN's full response to the Green Paper consultation]



(In the picture from left to right: Baybars Altuntas, EBAN Vice President; Anthony L. Gardner, U.S. Ambassador to the EU, Candace Johnson, EBAN President; Ari Korhonen, EBAN Vice President) 

  
U.S. - EU Dialogue on Making Ventures Grow

On May 5, 2015, the U.S. Mission to the European Union and the European Business Angels Network (EBAN) co-hosted a round table dialogue with 45 high-level policy makers, academicians, business Angels, VCs, accelerators, and representatives from stock exchanges and non-profit organisations from the both the US and the EU.

The focus of the discussions was to identify what key players on both sides of the Atlantic can do to support the EU’s efforts to unleash and attract venture capital and other forms of entrepreneurial finance to help ventures grow in Europe. Access to capital is critical for startups and young innovative firms, particularly in the context of the European Commission’s efforts to promote private sector investment in Europe through President Juncker’s Investment Plan and efforts to deepen capital markets in Europe through the proposed Capital Markets Union (CMU).

In the course of the dialogue, participants in the high-level group proposed the following action points to the European Commission. [Read the full article]
 

EBAN welcomes 8 new members!

 Lagares & Falcon Law Firm, Spain [Associate Member] LAGARES ABOGADOS provides law services in Canary Islands, Spain, focusing on Business Law in its widest sense, including litigation. Our referral clients are foreign and Spanish corporations with a strategical orientation towards this territory.
 
 Hellenic Business Angel Network | HeBAN [Network] Advocacy Organization of the Early Stage Investments Ecosystem Stakeholders in Greece.


Misr El Kheir Foundation - GESR Incubator, Egypt [Business Accelerator] GESR is a program of Misr El Kheir Foundation that is formed of a cluster of activities and partners joined together by the vision of empowering the people at the bottom of the economic pyramid (BOP) and solving Egypt's societal challenges through social innovation and entrepreneurship.

ITU ARI Teknokent, Turkey [Associate Member] Technology Park of Istanbul Technical University, innovation hub with 160 companies and 5200 R&D staff, Center of Istanbul's start-up ecosystem for entrepreneurs and investors, Owner of two entrepreneurship programs, ITU SEED (ITU Cekirdek) and ITU GATE.

FrontierCities, Belgium [Business Accelerator] Disbursing €3.92 million in EC Grant Financing to SMEs, Start-Ups, Web-Developers, NGOs, Foundations & Natural Persons across Europe, to assist the development of Smart Mobility Apps in cities, as part of Phase III of the FI-PPP Programme. In addition to providing funding, frontierCities provides commercial support to grantees to help their Apps achieve market uptake. 

European Innovation Hub GmbH, Germany [Business Accelerator] They are the Berlin-based accelerator programme that connects your team, your vision and your expertise with the power of the EU's Future Internet Public Private Partnership Programme (FI-PPP). Your mission is to foster ground-breaking business innovation in Europe.

 Invesdor Ltd., Finland [Electronic Funding Platform] Invesdor is a pioneering equity-based crowdfunding platform. We provide an online investment matching service where entrepreneurs looking to raise equity financing can easily connect with investors who are seeking to discover and invest in exciting growth companies.

Platinum Investors Poland [Network] Platinum Investors brings together investors looking to invest available funds and make use of their vast experience in management, marketing, sales, production and research, in the creation and marketing of new products (mentoring for project originators).


EBAN Members & Partners' News & Updates
 
 Go Beyond Investing: The only Swiss startup presenting at fintech Startupbootcamp London | Go Beyond Investing was chosen and presented at Startupbootcamp FinTech Fastrack in London on April 23. It was the only Swiss company out of 10 who participated. Startupbootcamp is the leading accelerator focusing on FinTech innovation and, through their accelerator program, provides mentoring, funding, space and access to a network of industry professionals.

 Enterprise Investment Scheme and Seed Enterprise Investment Scheme | This is an Official Statistics publication produced by HM Revenue & Customs (HMRC). It provides information on the number of companies raising funds, number of subscriptions and amounts raised through the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS), with the first provisional estimates for 2013-14.


ePlus Survey Now Live | ePlus is an ambitious and important undertaking aiming to help scale regional startups to European and international levels. There are many different ways of doing it, so getting your perspective is crucial! Take the Survey here.


WeHubs Survey | If your organization is offering support services to web entrepreneurs Take the Survey Here
If you are a woman entrepreneur in Digital Sectors Answer WeHubs's Survey Here.



EARLY STAGE MARKET NEWS

Fund Forward: 8 Exciting Trends in Crowdfunding That Are Coming Sooner Than You Think (Crowdfund Insider)

Forty Million Fund for Startups in Western Balkans (inVentures)

Women: The Next Wave of Angel Investors? (Alicia Robb - Kauffmann Foundation, Forbes)

How to Avoid Horizon 2020 Success Being Tarred by High Failure Rate (Science Business)

8+1 Reasons Eindhoven Is the Dream Location for a Tech Company (Venture Beat)

What Angel Investors Care About Most When They Make Investment Decisions (Angel Investors)

7 Essential Tips for an Effective Fundraising Strategy (Fundraising)

Business Angels: who are they? what do they do? (Amsterdam Institute of Finance)

OPPORTUNITIES

Register to 7th run of the international accelerator JIC STARCUBE
3 months full of workshops, mentoring and intensive work await 10 technology teams and start-ups from around the world. Applicants have until 31. 7. 2015 to register, and the programme itself begins in September.


ECN is looking for a EC Project Manager
Crowdfunding is a fast growing sector and our team keeps growing. ECN is looking for an experienced, motivated, Bruxelles-based, self-employed professional to include in its team as EC Project Manager. 
 
Opportunity for ABAN coaches in Africa
The Stanford Institute for Innovation in Developing Economies (SEED) is looking for a volunteer business coach for its Transformation Programs in Africa
 
 Grants4Apps® Accelerator | The Grants4Apps® Accelerator is a mentoring program for digital health startups taking place in Berlin. This year’s batch with five startups runs from August 10th until December 4th, 2015. The program offers mentoring by entrepreneurs and Bayer experts, office space for 100 days at Bayer HealthCare Pharmaceuticals headquarters, and funding of 50,000€.


RESOURCES
 
 2014 Annual ARI Halo Report | The Angel Resource Institute (ARI) released the 2014 Annual ARI Halo Report today, a national survey of angel group investment activity sponsored by PitchBook. ARI’s Vice Chairman of Research Rob Wiltbank announced the findings at the opening session of the Angel Capital Association’s Annual Summit in San Diego.

 Bridging the Growth Gap | Investor views on European and US capital markets and how they drive investment and economic growth. This report was commissioned by AFME from The Boston Consulting Group (BCG) and has been written jointly by AFME and BCG.

  EU IPO Report  | Rebuilding IPOs in Europe Creating jobs and growth in European capital markets. This Report makes recommendations to EU policy makers and industry participants to increase EU job creation and drive growth by restoring effective access to the public markets for smaller, high-growth companies. It aims to provide input to EU Commissioner Hill’s Capital Markets Union Green Paper consultation. Issued by the European IPO Task Force 

 Fifth Annual Impact Investor Survey Reflects on Industry Growth, Past and Projected 
The surveyed sample, which manages $60 billion in impact investment assets, indicates satisfaction with both financial returns and social/environmental impact performance, compared to expectations.


Corporate Social Impact Strategies – New Paths for Collaborative Growth
Based on in-depth interviews and case studies with over 50 organisations, the report outlines how linkages between corporate players and Venture Philanthropy and Social Investment organisations are taking shape, as the latter are starting to experiment with VP/SI.
 


#5# EBAN NEWSLETTER

Dear Innovation and Entrepreneurial Community Members,

Europe caught fire in May! Venture Finance and Entrepreneurial Fever was everywhere.
Europe's Venture and Entrepreneurial Finance Eco-System made a giant leap forward this past month with the EBAN 2015 Angel Summit, the launch of Estonia's e-Residency Initiative, the Capital Markets Union Green Paper and the US-EU dialogue on making ventures Grow.

Read all about it in this month's edition of the Newsletter!

With kindest regards,

Candace Johnson
EBAN President


LinkedIn Guest Editorial

Last Members featured:       

 

      

Last Events featuring EBAN

14-16th April
2015 ACA Summit
With the participation of EBAN's Board Member Albert Colomer 
San Diego, U.S.

16th April
Business Innovation Observatory
With the participation of EBAN's Board Member Michael Cieminski 
Brussels, Belgium

23rd April
Invest Horizon Policy Conference
With the participation of EBAN's Vice President Ari Korhonen
Brussels, Belgium

6-8th May
EBAN 2015 Angel Summit
Eindhoven, The Netherlands

13-14th May
PODIM 2015 Conference 
With the participation of EBAN's Vice President Ari Korhonen
Maribor, Slovenia

14-15th May
Latitude59
With the participation of EBAN's President Candace Johnson and EBAN Board Member Ivar Siimar 
Tallinn, Estonia


EBAN Publication: Compendium of Co-Investment Funds with Business Angels
EBAN is proud to present the 2014 edition of its annual review of co-investment funds operating with business angels in Europe. 

 


PARTNER






RESEARCH SPONSOR




 

GOLD MEMBERS






 



 

my logo

UPCOMING EVENTS FROM EBAN COMMUNITY

 
9th June
Green Pioneer Venture Days
Nairobi, Kenya

11th June
InfoShare 2015
Gdansk, Poland

15-16th June
TBLI Conference Nordic
Copenhagen, Denmark

16th June
Go Grow Demo/Pitch Day
Copenhagen, Denmark

17-18th June
Greater Region Business Days
With the participation of EBAN's Board Member Hedda Pahlson-Moller
Luxembourg City, Luxembourg

22-23rd June
AngelSummit Europe
Madrid, Spain

26th June
ECN CrowdCamp
Lisbon, Portugal

1st July
080 Barcelona Fashion Investor Day
Barcelona, Spain

1-3rd July
Innorobo 2015
With the participation of EBAN's Vice President Baybars Altuntas
Lyon, France

2nd July
BiD Network Investor Cocktail
Amsterdam, Netherlands

13-14th July
VentureDays 2015
Prague, Czech Republic

23rd August
ASEAN - EU Business Summit
Kuala Lumpur, Malaysia

25th September
Platinum Investors Business Angels
Warsaw, Poland

2-4th November
Investment Opportunities for European Emerging Markets
Bucharest, Romania

16-18th November
EBAN Winter University and Creative Business Cup
Copenhagen, Denmark

27th November
German Private Equity Conference
Frankfurt am Main, Germany

Follow on Twitter Twitter

EBAN - The European Trade Association for Business Angels, Seed Funds and Early Stage Market Players

Science 14 Atrium | Rue de la Science 14B | 1040 Brussels | Belgium

T: +32 262 620 60
F: +32 262 620 69

www.eban.org
info@eban.org


Copyright © EBAN, All rights reserved.
Should you be interested to contribute with news or opportunities for our members in the next Flash, please send an e-mail to info@eban.org. We also welcome your comments and suggestions.


Follow the EBAN Group in LinkedIn

Email Marketing Powered by Mailchimp
unsubscribe from this list | update subscription preferences